Fundraising Fox

Autoverse Studios

13 known investors

Auto Legends is an online multiplayer car racing game where players customize vehicles with licensed performance parts, tune builds, and compete in races, alongside community and creator features. It targets car culture enthusiasts and casual players, and is distributed on PC and Mac via Steam, the Epic Games Store, and direct download.

Also known as Auto Legends Β· Autoverse Studios

Investors Β· 13

Also in the syndicate Β· 8

Alex ThabetHoracio PaganiMCE GroupMiller MotorcarsNiccolo De MasiOcularSfermionSidedoor Ventures

Company profile

researched Aug 2026

Autoverse Studios is a developer and publisher of PC and mobile games, founded in 2022 and headquartered near Los Angeles, California. Its title Auto Legends is an online multiplayer automotive game centered on drag racing and car culture, in which players choose a starter car, customize it with genuine and licensed performance parts and accessories, tune builds, apply custom designs, and race for cash, "pink slips," or rank. The game is distributed on PC and Mac through Steam, the Epic Games Store, and direct download from the company's website, and was described at the time of its funding announcement as planned to be free-to-play on PC, Mac, iOS, and Android.

Beyond racing, Auto Legends is designed around multiple progression paths β€” collecting cars, team ownership, hosting tournaments, providing tuning services, building and selling parts, and running car dealerships β€” with in-game status measured largely by follower count rather than race records. Players earn XP in PVE, fan following in PVP, cash, leaderboard status, and rare parts, unlocking performance shops, garages, and new environments as they progress; the initial play environment is set in Southern California. At the time of the 2022 funding announcement, the game featured seven licensed real-life car brands spanning more than 50 models and trims, with cars available in quantities limited in ratio to real-life production volumes, and new vehicles added on community recommendation.

The 2022 GamesBeat coverage described Auto Legends as a Web3 game, with optional web-based ownership and trading features intended to be invisible to mainstream players; the company's own current site describes community, creator, customization, and competitive-racing features without referencing Web3 mechanics.

Founding story

Autoverse Studios was founded in 2022 by Justin Choice, founder of Cie Games (Car Town, Racing Rivals), who serves as executive chairman, together with CEO Peter Pham and director of product and technology Dinko Tontchev. Choice reassembled former Cie Games colleagues to build another automotive racing franchise; Pham described the effort as getting "the band back together."

Business model

The company develops and publishes its own games. Coverage of the 2022 funding round described Auto Legends as a free-to-play title across PC, Mac, iOS, and Android, with optional Web3 features on the web for players seeking additional depth, including ownership and trading of in-game assets such as cars and parts. The sources do not state specific pricing or monetization mechanics.

Traction

Cie Games titles previously built by the founding team (Nitto 1320 Legends, Car Town, Racing Rivals) collectively reached 140 million players. Auto Legends entered closed alpha testing on the Epic Games Store in 2022 and, per the company's site, is available for download on PC and Mac via Steam, the Epic Games Store, and direct download. The game featured seven licensed car brands with over 50 models and trims as of the 2022 announcement.

Latest developments

The company's website lists Auto Legends as downloadable for Windows PC and macOS via Steam, the Epic Games Store, and direct installers, with guidance on updating the client across each channel and a Steam Playtest branch referenced.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history

Market position

Positioned as a successor to earlier straight-line/drag racing titles from the same team β€” Nitto 1320 Legends, Car Town, and Racing Rivals β€” which the company says collectively reached about 140 million players and were the top auto games on their respective platforms. Its investor White Star Capital cited the team's track record in the straight-line racing genre.

Emphasis on authentic, licensed car brands, parts and accessories with realistic tuning; multiple non-racing progression paths (tuning services, dealerships, team ownership, tournament hosting); social and creator features; and player ownership and trading of in-game assets implemented so that Web3 mechanics remain invisible to mainstream players.

Technology

The game client runs on Windows PC and macOS, distributed through Steam, the Epic Games Store, and standalone installers (.exe for Windows, .dmg for macOS). The 2022 announcement described the use of Web3 technology to enable ownership and trading of in-game assets in a manner intended to be invisible to players, with the company appearing at Gamescom alongside Immutable X.

Go-to-market

Auto Legends is distributed directly to players via Steam (including a Steam Playtest branch), the Epic Games Store, and direct PC/Mac installers from autolegends.com, supported by a Discord community. The company began with a closed alpha on the Epic Games Store in 2022, invited players to register for beta early access on its website, and planned a closed beta. It also used industry and enthusiast events for exposure, appearing at Gamescom with Immutable X and at an aftermarket car show in Las Vegas in November 2022.

Car culture enthusiasts and automotive gamers, ranging from newcomers to experienced "gearheads," plus traditional free-to-play gamers on PC, Mac, and mobile.

Geography

Headquartered near Los Angeles, California, USA; the game's initial play environment is set in Southern California. Distribution is via global digital storefronts.

History

Founded in 2022 and headquartered near Los Angeles, California, the studio launched a closed alpha of Auto Legends on the Epic Games Store in 2022 and announced an $8 million raise led by White Star Capital in the same period, with plans for a closed beta. The game is currently distributed on PC and Mac via Steam, the Epic Games Store, and direct download.

Compiled by commissioned research from 3 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Car models and trims availableJan 202250 models and trims
Cumulative players of team's prior racing games (Nitto 1320 Legends, Car Town, RJan 2022140,000,000 players
Licensed car brands in gameJan 20227 brands

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 5

launches, deals, and filings
Jan 2022
Autoverse Studios raises $8M for Auto Legends

Autoverse Studios raised $8 million led by White Star Capital to complete development of Auto Legends, its social drag-racing Web3 game.

$8M source β†—

Jan 2022
Justin Mier joins to lead marketing

Justin Mier, formerly of Xbox and Ubisoft, joined Autoverse Studios to lead marketing.

source β†—

Jan 2022
Company founded

Autoverse Studios founded in 2022, headquartered near Los Angeles, California.

source β†—

Jan 2022
Gamescom appearance with Immutable X

The company said it would appear at Gamescom with Immutable X and at an aftermarket car show in Las Vegas in November.

source β†—

Jan 2022
Auto Legends closed alpha on Epic Games Store

The game entered a closed alpha testing environment on PC and Mac via the Epic Games Store, with a closed beta planned.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 3

primary sources listed

3 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Autoverse Studios do?
Autoverse Studios is a Los Angeles-area game developer building Auto Legends, an online car-culture racing game for PC and Mac.
Who are Autoverse Studios's investors?
Autoverse Studios's investors include Coinbase Ventures, Draper Dragon, Fermion, RockawayX, White Star Capital.